AutoNation Inc (AN)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 26,765,400 | 26,319,600 | 26,626,200 | 27,035,900 | 26,948,900 | 26,878,500 | 26,651,800 | 26,630,900 | 26,985,000 | 26,870,300 | 26,583,800 | 26,693,000 | 25,844,000 | 25,046,800 | 24,072,200 | 21,626,800 | 20,390,000 | 20,153,800 | 20,210,100 | 21,020,900 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 4,094,500 | 3,713,400 | 3,656,000 | 3,607,200 | 3,499,300 | 3,466,300 | 3,413,600 | 3,419,500 | 3,504,500 | 3,397,700 | 3,107,100 | 3,138,100 | 3,125,100 | 3,143,900 | 3,164,900 |
| Fixed asset turnover | — | — | — | — | — | 6.56 | 7.18 | 7.28 | 7.48 | 7.68 | 7.67 | 7.82 | 7.56 | 7.15 | 7.08 | 6.96 | 6.50 | 6.45 | 6.43 | 6.64 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $26,765,400K ÷ $—K
= —
AutoNation Inc's fixed asset turnover ratio has shown a generally increasing trend from March 31, 2020, to September 30, 2023. The ratio increased from 6.64 on March 31, 2020, to a peak of 7.82 on March 31, 2022. This indicates that the company has been effectively utilizing its fixed assets to generate sales during this period.
However, from September 30, 2023, onwards, the fixed asset turnover ratio experienced a decline, dropping to 6.56 on September 30, 2023. This decrease may suggest either a decrease in sales relative to fixed assets or an increase in the value of fixed assets.
The absence of data for the following periods indicates a lack of clarity regarding the company's fixed asset turnover performance from December 31, 2023, onwards. In such cases, it is essential for investors and analysts to seek further information or clarification from the company to accurately assess the efficiency of AutoNation Inc's utilization of fixed assets in generating revenue.
Peer comparison
Dec 31, 2024